Zebra Technologies Announces Launch of Syndication of $2 Billion Senior Secured Term Loan

Funding Rounds

▤ Summary

Proceeds from the Term Loan, together with cash on hand and proceeds from additional financing in the form of senior unsecured debt securities in an aggregate principal amount of $1.25 billion, will be used to fund the $3.45 billion cash acquisition of the Enterprise business of Motorola Solutions, Inc. (NYSE: MSI), as well as to pay related transaction fees and expenses. Except as required by law, Zebra undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. We caution you that actual outcomes and results may differ materially from what is expressed, implied or forecasted by Zebras forward-looking statements. About Zebra Technologies A global leader in enterprise asset intelligence, Zebra Technologies Corporation (NASDAQ: ZBRA) offers solutions that give a virtual voice to an organizations assets, people and transactions, enabling organizations to unlock greater business value. The companys extensive portfolio of innovative and reliable marking and printing products, RFID and real-time location solutions, illuminates mission-critical information that help customers take smarter business actions.

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Amount $2.0B Total raised
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Date September 16, 2014 Announcement date
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Investors Morgan Stanley Principal Investments, Zebra Ventures, J.P. Morgan Securities Inc. Lead investors
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Company http://www.zebra.com Funded company

▥ Classifications

industries
HealthTech
applications
AI & Machine learning

◇ AskAI Classifications

Labels
Enterprise Software SaaS Device Management Software

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